Dow Jones Top Markets Headlines at 3 PM ET: Stocks Rise on U.S.-Iran Peace Deal Hopes | Japan ...

Stocks rallied on hopes of a U.S.-Iran peace deal after fresh remarks from President Trump, signaling a risk-on mood among traders. The roundup highlighted a surge in U.S. equities, while Tokyo and other markets tracked developments in global diplomacy. Japan’s yen intervention continued for a fourth straight week, with the government spending more than $73 billion between April 28 and May 27 to weaken the dollar’s rise. The SEC moved to roll back climate-related disclosure rules, arguing the measures exceed its authority. Canada’s economy contracted for a second consecutive quarter, increasing the probability of a downturn in the North American economy. Investors will watch U.S. payrolls and ISM data for clues on Fed policy. Also in focus were U.S. jobs data and ISM surveys, seen as key for the Fed’s path. Europe faces a higher-inflation print, with France posting figures that support a timid ECB stance in June. Bank of England Governor Bailey warned that inflation may overshoot temporarily, while U.S. rate expectations remained sensitive to energy price trends. The AI memory-chip narrative persisted, with Micron, Samsung, and SK Hynix carrying lofty valuations amid ongoing demand hopes. Taken together, the headlines underscored a broad risk-on backdrop amid policy and profits dynamics.